Thursday, February 14, 2008

Voting Question: Will My Fiance get his IRS Rebate check if all other Federal returns are intercepted?

I found out, about a week ago that my student loans had been placed into default ($18,000) - The company holding the loans is DCS out of California.

To my dismay I found out (according to the woman caller) that they were going to seize my Federal Tax Return, and that if i didnt enter into a Voluntary Payment Program, that they would start docking my pay 15%

To date I have entered into a payment plan that is comfortable for me by giving a sizeable downpayment.

Here is my ultimate question:

This morning I checked my bank account, and to my surprise my federal tax return had been depositied.

Once it is deposited can this DCS company still take it away from me?

Did they not act quickly enough?

Can I be happy about this money, or can they still come take it away from me?

Or - Was this all just threats on her part to get me to volunteer to pay? I understand that LEGALLy they can seize your returns and garnish your wages, but they didn't.

Any help would be amazing. Thank you!!!!! Thank you for your response. I appreciate the information!

The "sizeible down payment" was unfortunately money that I had to borrow from my employer. He's a great man, and he took care of me in a time of need.

I actually have two young children that I support (along with my fiancee) all by myself: Hence why this money is so very important to me. It's clothing for them, It's food on the table.

I really struggle financially, which is why I wanted to ask before getting too excited about this money.

So, bottom line, they aren't going to take my return away from me?

Voting Question: federal student loans?


federal student loan consolidation
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Voting Question: If I owe back taxes, but I am making payments, am i still eligible for Federal Student Loans.?



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Voting Question: Will My Fiance get his IRS Rebate check if all other Federal returns are intercepted?


My fiance's Federal refunds are intercepted yearly due to outstanding student loans. Will they be allowed to take the rebate check as well?
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